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20121213
20121213
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CNBC 1
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CNBC
Dec 13, 2012 3:00pm EST
of america 2013 outlook. they are super bullish and hung a 1600 on the s&p next year and said the biggest downside risk improvement in the u.s. economy because that might get the fed to scale back. that's how you show how dependant we are and what little confidence they have of what's going on in washington. >> does that mean if we get a deal any time soon out of washington that the market rallies and the volatility ends, or what are you expecting? >> i think the volatility will end somewhat at that point. as the other guests have said, i think there is tremendous pent-up risk-on momentum here, and i think it will carry on into the new year. the investments will be worth more dollars. your dollars just might be worth a lot less. >> steve sax, are you seeing any change to the dividend strategy to sort of, you know, tying investment ideas to the tax story like capital gains and what about the dividend strategy? >> we haven't seen that yet, maria, but we will. once we get past the first of the year you'll see a little bit of that buying pressure get relieved. we just talked about it. still a
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